Daily Market Comment

[RF_TRADERTIP]

Realtime Forex Daily Market Comment

Friday November 18, 2005


EUR-USD

1.1749. Market looks set for gains towards 1.1794 or above in extension. Dips should find support at 1.1718 - 1.1696 zone.

USD-CHF

1.3173. While above 1.3164 - 1.3124 zone a corrective dip could test 1.3204 or 1.3229 or 1.3253. After which it should resume his downtrend.

USD-JPY

118.82. It is likely to fall towards 118.43 as its corrective rally could falter in 119.05 - 118.86 area. Stop above 119.24 zone.

GBP-USD

1.7192. Is expected to fall lower than 1.7116. Entry sell point are at 1.7209 or 1.7228 . Stop loss above 1.7228.

EUR-CHF

1.5478. Current rise should end around 1.5472 or 1.5489. Objectives of this downmove are 1.5460 or 1.5443. A rise above 1.5501 is again bullish.

EUR-JPY

139.62. It should be subject to more sell off towards 138.86 or 138.10. Corrective upward swings should face resistance around 140.67 area. A break of 140.23 is bullish.

EUR-GBP

0.6834. Uptrend is still intact in a triangle configuration. It should continue to rally to 0.6865 or 0.6875 if support around 0.6818 hold. After which a pullback to 0.6818 - 0.6808 zone is possible.

AUD-USD

0.7337. It should trade higher to 0.7362 while 0.7328 or 0.7316 offers support. Stop loss below 0.7303 zone.

USD-CAD

1.1874. It should see a sell off to below 1.1837 while 1.1890 area curtails its upside. A break beyond 1.1928 will abort the downside.

 

[RF_TRADERTIP]

Realtime Forex Daily Market Comment

Monday November 21, 2005


EUR-USD

1.1772. It should trade higher to 1.1822 while 1.1742 or 1.1718 offers support. Stop loss below 1.1693 zone.

USD-CHF

1.3143. There is bearish potential for a fall to 1.3093 while 1.3184 - 1.3209 resist. After this fall a recovery up to 1.3209 or 1.3233 is expected.

USD-JPY

119.10. A corrective/consolidation activity between 118.73 and 119.76 is likely for a while.

GBP-USD

1.7181. It looks set for gains to above 1.7239. Supports at 1.7140 and 1.7169. A break of 1.7110 will damage this bullish structure.

EUR-CHF

1.5474. Our preferred outlook is for a drift down to 1.5461 or below 1.5447. Resistances are at 1.5474 and 1.5478. A rise above 1.5492 would delay but not abort this expected fall.

EUR-JPY

140.22. Current rise seems to be over near 140.23 or 140.62 for a retracement towards 139.84 - 139.64 area.

EUR-GBP

0.6851. Currently uptrend should end around 0.6864 - 0.6865 area. A correction down to below 0.6825 is expected. A rise above 0.6880 will abort the expected correction.

AUD-USD

0.7337. Corrective dips should ideally halt near 0.7327 or 0.7319 for one more thrust upwards towards 0.7340 - 0.7353 area or 0.7370 in extention. Fall below 0.7310 puts it back on a downward path.

USD-CAD

1.1899. It should be subject to more sell off towards 1.1866 or 1.1832. Corrective upward swings should face resistance around 1.1904 area. A break of 1.1946 is bullish.

 

[RF_TRADERTIP]

Realtime Forex Daily Market Comment

Tuesday November 22, 2005




EUR-USD

1.1725. It looks more likely that it would rise to above 1.1782 or 1.1803 from 1.1722 or 1.1683. After which a downside move to below 1.1640 is expected.

USD-CHF

1.3199. It should be subject to more sell off towards 1.3117 or 1.3036. Corrective upward swings should face resistance around 1.3311 area. A break of 1.3265 is bullish.

USD-JPY

119.04. A corrective/consolidation activity between 118.57 and 119.11 is likely for a while.

GBP-USD

1.7153. Current move should be supported in 1.7148 zone for a rise to above 1.7284. A break below 1.7078 opens the way down.

EUR-CHF

1.5477. Our preferred outlook is for a drift down to 1.5462 or below 1.5447. Resistances are at 1.5477 and 1.5480. A rise above 1.5495 would delay but not abort this expected fall.

EUR-JPY

139.61. While above 139.46 - 139.03 zone a corrective upmove could test 140.17 or 140.46. After which it should resume its downtrend.

EUR-GBP

0.6835. Current move should be supported in 0.6828 zone for a rise to above 0.6902. A break below 0.6788 opens the way down.

AUD-USD

0.7360. Strength can extend to 0.7377 or even higher than 0.7395 as declines are expected to find support at 0.7342 or 0.7325. Stop Loss below 0.7289 zone.

USD-CAD

1.1824. Overall structure is bearish. Decelerating momentum could attract it towards supports at 1.1812 or 1.1787. Major support is clustered around 1.1753 limit.